CMGE Technology Group (0302.HK)

Net assets on the balance sheet as of December 2023 : $0.80 Billion USD

According to CMGE Technology Group's latest financial reports the company has $0.80 Billion USD in net assets.
A company’s net assets is the sum of its assets minus the sum of its liabilities.

CMGE Technology Group - Net assets on balance sheet (from 2018 to 2023)

Net assets by year

Year	Net assets	Change
2022-12-31	$$0.82 B	-9.24%
2021-12-31	$$0.90 B	23.53%
2020-12-31	$$0.73 B	38.54%
2019-12-31	$$0.53 B	96.16%
2018-12-31	$$0.27 B	94.14%
2017-12-31	$$0.13 B	40.48%
2016-12-31	$$99.31 M

What is the market capitalization of a company?

The market capitalization sometimes referred as Marketcap, is the value of a publicly listed company.
In most cases it can be easily calculated by multiplying the share price with the amount of outstanding shares.

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CMGE Technology Group (0302.HK) - Net assets